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City in Ontario
Apartments & homes for rent in Penetanguishene
There are 4 rentals in Penetanguishene, ON, with a median rent of $2,745/mo. 2 are 1-bedroom apartments and units.
10,077 people lived in Penetanguishene at the 2021 Census, in 3,985 households. 76% of households owned their home and 24% rented. The most common homes were single-detached houses (68%) and low-rise apartments (17%). 52% of homes were built before 1981, and 7% since 2011. 92% of commuters went to work by car and 0% by public transit.
Penetanguishene, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Penetanguishene Rentals
Listed 5 days ago
17 Peel Street
Penetanguishene, ON L9M 1A5
DetachedFor Rent
Listed 8 days ago
Unit Penthouse, 87 Main Street
Penetanguishene, ON L9M 1S8
Condo ApartmentFor Rent
Day to dayLivability
4.3
Schools near listings
out of 10 · averaged over 2,686 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$679,900
In Penetanguishene
$679,900
In Ontario
$716,900
Median monthly rent
$2,745/mo
In Penetanguishene
$2,745
In Ontario
$2,499
$568
Per square foot
≈ 20.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
91
Median $679,900
Houses 80 · Condos 11
For rent
4
Median $2,745
Houses 3 · Condos 1
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Strong school rating of 4.3
- Lower median sale price than provincial average
- Family-friendly with many parks
- Good public transit options
Keep in mind
- Limited rental options available
- Prices are above some local averages
The feel of the placeLifestyle
Daily life in Penetanguishene is relaxed, with access to parks and schools. The community is supportive and welcoming.
Within the boundaryWhat's nearby
The boundary
25.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
9
Parks
8
Playgrounds
1
Grocery stores
3
Restaurants
1
Cafés
1
Libraries
Counted across all 25.1 km² of Penetanguishene. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
4.2/10
Average rating of the 7 rated schools in this area
7
Elementary
1
Secondary
Burkevale Protestant Separate School Separate School
Independent · Grades JK–8 · Penetanguishene PSSB
6.2/105.7 over 5 yrs1,444th of 3,045 Ontario elementary schools
345 students · EQAO 2024-2025
ÉÉC Saint-Louis
Independent · French · Grades JK–8 · CSC MonAvenir
5.7/101,807th of 3,045 Ontario elementary schools
85 students
École secondaire Le Caron
Public · French · Grades 9–12 · Conseil scolaire Viamonde
4.8/105.4 over 5 yrs573rd of 742 Ontario secondary schools
100 students · EQAO 2024-2025
École élémentaire Saint-Joseph
Public · French · Grades JK–6 · Conseil scolaire Viamonde
4.4/102,432nd of 3,045 Ontario elementary schools
240 students · EQAO 2024-2025
St Ann's Separate School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
4.1/103.4 over 5 yrs2,535th of 3,045 Ontario elementary schools
145 students · EQAO 2024-2025
Canadian Martyrs Catholic School
Catholic · Grades JK–8 · Simcoe Muskoka CDSB
3.0/103.7 over 5 yrs2,825th of 3,045 Ontario elementary schools
215 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Penetanguishene, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
10,077
Population (2021)
25.4 km²
Area
396
People per km²
51.9
Median age
$78,719
Median income
76%
Own their home
2.3
People per household
3,985
Households
Every age
- Children (under 15)10.9%
- Working age (15–64)59.5%
- Seniors (65+)29.6%
What is built here
- Detached houses67.7%
- Semi-detached4.6%
- Townhouses2.5%
- Duplexes7.5%
- Low-rise apartments17.1%
Own or rent
76%Owners
24%Renters
Across 3,985 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier27%
- 1961–198025%
- 1981–199016%
- 1991–200013%
- 2001–20056%
- 2006–20105%
- 2011–20152%
- 2016–20215%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 6.7%
- Born outside Canada
- 13.5%
- Hold a degree or higher
- 45.6%
- Employment rate
- 0%
- Commute by transit
- 91.5%
- Commute by car
- 1.6
- Children per family
- $69,627
- Median income after tax
- $95,138
- Average household income
- 11.9%
- Living on a low income
- $887/mo
- Renters pay, per month
- $1,103/mo
- Owners pay, per month
- $561,576
- Median home value at census
- 25.5%
- Renters spending 30%+ of income on housing
- 12.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 18 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
What Rent Costs in Penetanguishene
17 homes were leased in Penetanguishene over the 12 months to September 2026. Half leased above $2,337 and half below, 16.8% lower than the 12 months before. A typical home found its tenant in 60 days — 32 days slower than a year ago.
- Median rent
- $2,337
- -16.8% year over year
- Days to lease
- 60
- 32 days slower
- Leases closed
- 17
- last 12 months
- Rent per square foot
- $1.67/mo
- from 17 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 0%
From 17 leases that closed here in the last 12 months.
Rent or buy in Penetanguishene
21.1 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$593,122
117 sales
Median rent
$2,337/mo
17 leases
Gross rental yield
4.73%
before costs
Both figures come from deals that actually closed in Penetanguishene over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Penetanguishene, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Jul 2026 | 1 | Not enough leases this month to report a median | |||
| May 2026 | 3 | Not enough leases this month to report a median | |||
| Apr 2026 | 4 | Not enough leases this month to report a median | |||
| Feb 2026 | 3 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Nov 2025 | 1 | Not enough leases this month to report a median | |||
| Oct 2025 | 1 | Not enough leases this month to report a median | |||
| Sep 2025 | 3 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 1 | Not enough leases this month to report a median | |||
| May 2025 | 2 | Not enough leases this month to report a median | |||
| Apr 2025 | 1 | Not enough leases this month to report a median | |||
| Feb 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 1 | Not enough leases this month to report a median | |||
| Dec 2024 | 1 | Not enough leases this month to report a median | |||
| Nov 2024 | 2 | Not enough leases this month to report a median | |||
| Oct 2024 | 4 | Not enough leases this month to report a median | |||
| Sep 2024 | 1 | Not enough leases this month to report a median | |||
| Aug 2024 | 4 | Not enough leases this month to report a median | |||
| Jul 2024 | 2 | Not enough leases this month to report a median | |||
| Jun 2024 | 1 | Not enough leases this month to report a median | |||
| Dec 2023 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 3 | Not enough leases this month to report a median | |||
| Oct 2023 | 1 | Not enough leases this month to report a median | |||
25 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Penetanguishene
How much is rent in Penetanguishene?
The median lease in Penetanguishene closed at $2,337 a month over the 12 months to September 2026, across 17 leases.
Compiled by HOMEH from leases reported closed in Penetanguishene on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
Common questions about apartments & homes for rent in Penetanguishene
What is the average rent in Penetanguishene?
The median rent of the 4 rentals in Penetanguishene is $2,745/mo, from $1,800 to $4,000 a month.
Houses for rent in PenetanguisheneMore Apartments & Homes for Rent in Penetanguishene
4 homes are for rent in Penetanguishene. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.